In today’s global environment, private capital is being called to do more than just seek returns. It must also build resilience, strengthen sovereignty, and accelerate innovation in sectors that form the bedrock of national competitiveness. At DWM Investment, we believe that deep tech, aerospace, and defense represent some of the most compelling private market opportunities of the next decade, not just for their economic upside, but for their strategic significance. This is not a bet on trend cycles. It’s a deliberate long-term thesis shaped by experience and proximity to founders, engineers, and governments solving for real-world complexity.
Why Now? The Geopolitics of Innovation
The past few years have revealed just how fragile and globally entangled our critical systems are. From semiconductors and satellite networks to defense supply chains and cyber infrastructure, nations are reevaluating their dependencies. Strategic autonomy, once a policy ideal, has become an operational imperative. This has led to a surge in investment and innovation in technologies with dual-use potential: systems and platforms that serve both commercial and defense applications. Advanced materials, secure communications, drone technologies, AI-driven decision systems, and space-based infrastructure are just the beginning.
India, with its scale, talent base, and policy push in sectors like A&D manufacturing, is emerging as a crucial hub for this transformation. DWM aims to be a long-term capital partner to the technical founders and operators building these systems of consequence.
DWM’s Sectoral Edge: Experience with Real Impact
Our conviction in this space is built on deep operational engagement. As CIO of Jupiter Capital, David Abikzir led the turnaround of Axiscades Technologies, a major aerospace and defense engineering firm. The company grew its valuation from $16M to $700M under his leadership, a result driven by disciplined capital allocation, international M&A, and domain expertise in mission-critical technologies.
Today at DWM, we continue to pursue a similar edge:
- Partnering with founders in deep tech and defense with defensible IP
- Supporting dual-use companies that serve both commercial and sovereign needs
- Investing across the lifecycle, from early stage to strategic transformation
- Bringing global networks of engineers, operators, and co-investors to unlock scale
Investing in Systems That Endure
These are not fast-turn businesses. They require capital with patience, strategic clarity, and conviction in the face of technical uncertainty. But the upside, both in value and in relevance, is substantial. As we move into a decade defined by decoupling, defense modernization, and the rise of sovereign technologies, we believe investors who understand the complexity of these industries and are willing to engage deeply will shape the next generation of enduring private market returns.
At DWM, this is not a sideline. It’s a core part of how we build, for resilience, for scale, and for long-term impact.
